Social Security should be in the spotlight americanthinker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanthinker.com Daily Mail and Mail on Sunday newspapers.
America’s Social Security program is running out of time and money. Policymakers cannot agree on how to fix it, and generations of Americans have been duped into believing it is a good deal.
COMMENTARY: Whether to expand or cut benefits is a question of values, not affordability. Fortunately, as polarized as the nation is over many issues, polls reveal that Americans overwhelmingly agree
From the column: "Expanding Social Security’s modest benefits while requiring the wealthiest to pay more is a solution to not only the retirement income crisis and the economic squeeze on working families but also inequality."
Social Security is conservatively financed and managed. It has no borrowing authority and cannot spend itself into a deficit. To ensure that all benefits can be paid in full and
Social Security 2100: An Overview | Center on Budget and Policy Priorities cbpp.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbpp.org Daily Mail and Mail on Sunday newspapers.
This year the Social Security Administration estimates that the average monthly payment to retired couples will be up to $2,753 after a historic 2022 COLA.
The SSA oversees the most widely used financial relief programmes in the US but changing population demographics mean that the fund will soon be insolvent.
Legislation with nearly 200 sponsors would change how annual cost of living adjustments are calculated, temporarily eliminate the controversial Windfall.